Vendor Management Specialist (Hybrid)

Intact Specialty Solutions • Plymouth, MN

13h • Hybrid

About The Position

At Intact Insurance Specialty Solutions, we are experts in protecting what makes businesses unique. Our deep understanding of the specialty insurance market forms the foundation for our customized solutions, supported by targeted risk control and claims services. Our employees are passionate about providing insurance coverage aligned with our targeted customer groups. Intact’s Global Specialty Lines business operates across more than 20 verticals in four distinct markets: U.S., Canada, UK, and Europe. This opportunity is for our U.S. team. We currently have an opening for a Vendor Management Specialist to join our Corporate Finance team in our Plymouth, MN office. This role is part of the Procurement / Vendor management team, with primary responsibilities focused on contract management from RFX to contract execution and award.

Requirements

• Bachelor’s degree required
• 3-5 years of procurement experience; prior experience drafting and awarding contracts relating to vendor management.
• Knowledge and basic understanding of contract management repository platforms and financial accounting systems.
• Has the ability to work happily in a fast paced environment with multiple deadlines.

Responsibilities

• Manage procurement requisition requests from RFP to contract award
• Has knowledge and experience in contract structure, i.e. MSAs, SOWs, exhibits and addendums.
• Negotiates favorable terms and conditions on vendor contracts by performing a detailed review.
• Engages with various company internal stakeholders and external vendors to execute contracts and misc agreements.
• Obtains required approvals and executes in accordance with the department policies and procedures.
• Works in various procurement tools and systems to store and maintain procurement data
• Performs vendor sourcing, price analysis, and market research.
• Reports and tracks procurement metrics from various systems.
• Pulls reports from various systems and creates dashboard reporting.
• Demonstrates basic knowledge of accounts payable and invoicing principals.
• Coordinates Third Party Risk Management (TPRM) intake requests.

Benefits

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level